Schonfeld Strategic Advisors LLC Raises Holdings in UGI Co. (NYSE:UGI)

Schonfeld Strategic Advisors LLC raised its position in shares of UGI Co. (NYSE:UGI - Free Report) by 26.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,270 shares of the utilities provider's stock after purchasing an additional 8,362 shares during the period. Schonfeld Strategic Advisors LLC's holdings in UGI were worth $1,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Bessemer Group Inc. raised its position in shares of UGI by 216.7% in the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock worth $25,000 after acquiring an additional 611 shares in the last quarter. Altshuler Shaham Ltd bought a new position in shares of UGI in the 4th quarter worth $25,000. GeoWealth Management LLC bought a new position in shares of UGI in the 4th quarter worth $27,000. S.A. Mason LLC bought a new position in shares of UGI in the 4th quarter worth $27,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of UGI in the 4th quarter worth $30,000. 82.34% of the stock is owned by institutional investors.

Insider Buying and Selling at UGI

In other news, insider Michael Sharp purchased 4,806 shares of the company's stock in a transaction on Thursday, February 27th. The shares were acquired at an average price of $33.30 per share, for a total transaction of $160,039.80. Following the purchase, the insider now owns 4,806 shares in the company, valued at $160,039.80. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.73% of the company's stock.

UGI Stock Up 0.6%

Shares of UGI traded up $0.22 during trading hours on Tuesday, hitting $34.70. The company had a trading volume of 256,884 shares, compared to its average volume of 2,216,946. The company has a market capitalization of $7.45 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 2.26 and a beta of 1.05. The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 1.44. UGI Co. has a one year low of $22.01 and a one year high of $35.41. The company's fifty day moving average price is $32.69 and its two-hundred day moving average price is $30.18.

UGI (NYSE:UGI - Get Free Report) last announced its earnings results on Wednesday, May 7th. The utilities provider reported $2.21 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.41. The firm had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $3.26 billion. UGI had a return on equity of 15.19% and a net margin of 7.73%. The firm's revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.97 EPS. As a group, equities analysts forecast that UGI Co. will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 16th will be paid a dividend of $0.375 per share. The ex-dividend date is Monday, June 16th. This represents a $1.50 annualized dividend and a yield of 4.32%. UGI's payout ratio is presently 61.73%.

UGI Profile

UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.